Australia's trade and investment with APEC nations has grew in 2012, a new report from the Department of Foreign Affairs and Trade (DFAT) showed on Monday.
U.S. stocks shed earlier gains and closed mixed on Monday, as former U.S. Treasury Secretary Lawrence Summers pulled out of the race for Federal Reserve chairmanship, currently held by Ben Bernanke.
The Japanese government said Sunday that population of elders aged above 65 hit a record high at 31.86 million as of Sunday, a 1.12 million increase from a year earlier, marking that one in four people in the country are aged over 65, according local media.
Nobel Prize winners have pinpointed new growth engines for China, after its economy showed strong signs of strengthening during the past few months.
Real estate tycoon Wang Jianlin is the richest man in China with a personal fortune of 135 billion yuan (22 billion U.S. dollars), according to the Hurun Rich List released Wednesday in Beijing.
It might sound ridiculous for a steelmaker to raise pigs, but Chinese steelmaking firms are showing unprecedented interest in non-steel businesses to cope with the challenge of low profits amid a downturn.
China's August economic data indicated the world's second-largest economy has been stabilizing and that the government still has room for bolstering growth.
Pacific island nations are on track to having half of their energy produced by renewable resources in the next five years, New Zealand Foreign Affairs Minister Murray McCully said here Friday.
The world's top consumer electronics company Apple Inc.'s products will dominate Australia' s mobile phone market by providing iPhones to approximately 1.6 million Australians in the next 12 months, a media release from Melbourne-based Roy Morgan Research reported on Thursday.
The growth of the global economy remain sluggish, despite a stronger than expected recovery in major advanced economies, the Organization for Economic Cooperation and Development said on Tuesday.
China's statistics authority on Monday lowered the country's growth rate for 2012 to 7.7 percent based on its preliminary verification.
German Chancellor Angela Merkel faces off her Opposition challenger Peer Steinbrueck on Sunday night in their only TV debate before the Sept. 22 general election as polls have been suggesting Merkel will win a third term.
With the slowest pace of growth in four years in the first quarter of this fiscal year, India is facing a deepening slowdown amid widespread pessimism brought by a falling rupee and slumping stock market, said local newspaper Economic Times on Saturday.
China's manufacturing sector saw a strong recovery in August, offering further signs that the world's second-largest economy is moving out of the shadows of a protracted slowdown.
The GDP of the United States expanded at an annual rate of 2.5 percent in the second quarter this year, the best performance since the third quarter of last year, boosted by ongoing recovery of U.S. housing market and household consumption, showed figures from the Commerce Department Thursday.
The Philippines' gross domestic product grew 7.5 percent on year in the second quarter, beating market forecasts and affirming the country's position as the fastest growing economy in the Southeast Asian region.
The government said separately that the country's job availability improved for the fifth straight month, with the ratio of job offers to applicants up to 0.94 in July from 0.92 in June.
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